The Gold Standard Is a ________ Because It Secured Nations

question 16

Multiple Choice

The gold standard is a ________ because it secured nations' currencies to the value of gold.

• A) floating exchange-rate system
• B) fixed exchange-rate system
• C) linked exchange-rate system
• D) free float system

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Definitions:

Active Baptism

A religious ceremony signifying spiritual cleansing and admission to a Christian church, often involving immersion in water.

Tenets of the Faith

Fundamental beliefs or principles that are held as true by members of a particular religion or faith system.

Catechist

An instructor of the principles of Christian religion, especially one using a catechism to teach.

State of Grace

A condition of being free from sin in the context of religious doctrine, or a period of flourishing or supreme excellence.